德 昌 電 機 控 股 有 限 公 司 2016 年 度 年 報 ( 股 份 代 號 :179)
2016 2,500 2,500 22 1.73 38,000 2.4M 1,500 38,000 1,500 240 1.65 165M 600 600 4 24
2 4 8 12 37 50 60 60 61 162 164 170
1959 1959 24 38,000 500 2
2,027 1,990 2,098 2,136 2,236 2012 2013 2014 2015 2016 2,000 SIM * 28% 28% 39% 72% 33% 3
4
70 5
Tough Seal Genba Kaizen 6
2015 10 1906 Harry Stackpole James Hall 2,000 30% 7
2016 2015/16 2015/16 2016 3 31 2,236 5% 2% 322 4% 15% 207 10% 2209.8% 173 18% 15% 180 20.09 2014/15 24.11 2016 3 31 193 18% 2016 1 7% 15 34 8
JP 2,236 5% 182 117 2% 1,605 5% 2015 9
2016 7% 631 5% 12.4 207 9.3% 9.8% 2016 3 31 193 18% 2015 10 2016 2 AML Systems AML AML 2016 5 10
2008/09 2016/17 AML Systems JP 2016 5 17 11
2016 2015/16 2014/15 1 2,235.9 2,136.1 589.5 632.4 26.4% 29.6% 172.7 210.9 19.75 23.60 EBITDA 2 334.3 335.5 EBITDA 15.0% 15.7% EBITDA 2 12 369.6 3 70.8 155.8 2016 3 31 2015 3 31 193.3 773.2 4 422.5 291.3 (229.2) 481.9 1,884.8 1,900.9 5 2,643.3 3,032.5 6 2,914.7 2,589.3 EBITDA 7 7.9 7.7 2016 3 31 2015 3 31 EBITDA 7 1.1 0.9 + 18% 13% 1 5 2 12.4 3 4 5 2016 3 31 23.95 2015 3 31 27.30 6 7 12 EBITDA 12
5% 2%5% 5% 26.4% 2015 10 676 800 2016 2 AML Systems 65 2016 5 (Zacatecas) (Niš) 2016 3 31 18%EBITDA 12 1.1 2015 10 27 (OEM) 13
2016 2015/162,235.92014/152,136.1 99.8 (5%) 2014/15 216.8 (10%) 2015/16 2014/15 1,524.8 65% 1,457.5 68% 67.3 5% 181.8 8% 181.8 1,706.6 73% 1,457.5 249.1 17% (101.7) (101.7) 1,604.9 1,457.5 147.4 10% 646.3 27% 678.6 32% (32.3) (5%) (15.3) (15.3) 631.0 678.6 (47.6) (7%) 2,171.1 92% 2,136.1 100% 35.0 2% 181.8 8% 181.8 2,352.9 100% 2,136.1 100% 216.8 (117.0) (117.0) 2,235.9 2,136.1 99.8 5% 5% 67 (32) (117) 182 2,136 2,054 2,236 2014/15 2015/16 2015/16 35.0 15 18 14
5 181.8 16 2014/15 117.0 2015/16 1.101.27 34.4 17% 5% 4%5%4% 1,457.5 482.4 717.0 2014/15 17% +4% +5% 1,706.6 181.8 502.4 752.8 258.1 +4% 269.6 2015/16 2016 3 31 4% 5% 4% 5% 2015 3 31 12% 5% (8%) 4% 2014 3 31 4% 10% 1% 7% 2013 3 31 8% 5% 5% 6% 15
2016 GATE 2015/16 22% 2014/15 25%2015/16 2% 5 181.8 20% 18 16
2015/16 5% 17% 8% (5%) 678.6 646.3 279.7 (17%) 232.9 177.2 +8% 191.7 2015/16 221.7 0% 221.7 2014/15 2015/16 2016 3 31 (17%) 8% 0% (5%) 2015 3 31 (4%) 6% 12% 4% 2014 3 31 (5%) (8%) 0% (4%) 2013 3 31 (11%) (9%) (2%) (8%) 17
2016 18
2015/16 172.7 2014/15 210.9 180.4 2015/16 2014/15 1 2,235.9 2,136.1 99.8 589.5 632.4 (42.9) 26.4% 29.6% 28.5 17.9 10.6 (398.4) (407.5) 9.1 17.8% 19.1% 219.6 242.8 (23.2) 9.8% 11.4% (12.4) (12.4) 207.2 242.8 (35.6) 9.3% 11.4% (3.2) 5.5 (8.7) 2.6 0.7 1.9 206.6 249.0 (42.4) (23.9) (29.2) 5.3 11.6% 11.7% 182.7 219.8 (37.1) (10.0) (8.9) (1.1) 172.7 210.9 (38.2) 1 5 207.2 5 5.9 12.4 2014/15 19
2016 (22) (9) 5 (12) 211 180 173 2014/15 2015/16 2015/16 21.7 13% 2015/16 8.6 34.4 29.6% 26.4% 29.9% 28.0% 5 20 20
2015/16 2014/15 11.7% 11.6%22 5 4.7 AML Systems 12.4 2015 2016 3 31 3 31 222.0 (8.4) 28.1 29.0 270.7 414.8 (2.0) 85.2 1.1 43.1 542.2 9.7 7.7 1.7 19.1 1 (398.1) 8.9 (67.3) (16.0) (16.9) (489.4) 1, 2 (56.6) (2.2) (11.3) 11.9 (4.7) (62.9) 1 188.5 0.2 (150.5) (5.8) 32.4 380.3 (3.5) 34.7 (145.8) 46.4 * 312.1 1 2 * 24 48.7 2016 3 31 270.7 2015 3 31 222.0 2015 10 2016 3 31 512015 3 31 52 300 250 200 150 100 50 0 52 2015 3 31 59 2015 9 30 51 2016 3 31 70 60 50 40 30 20 10 0 21
2016 127.4 2016 3 31 542.2 2015 3 31 414.8 2016 3 31 63 2015 3 31 62 2016 3 31 301.2% 2015 3 311.1% 550 500 450 400 350 300 250 200 150 100 50 0 62 2015 3 31 64 63 2015 9 30 2016 3 31 0 70 60 50 40 30 20 10 91.3 2016 3 31489.42015 3 31 398.1 42016 3 31 872015 3 3183 6.3 2016 3 31 62.9 2015 3 31 56.6 2016/17 3.8 2015/16 3.5 14 500 450 400 350 300 250 200 150 100 50 0 83 2015 3 31 92 2015 9 30 87 2016 3 31 100 90 80 70 60 50 40 30 20 10 0 22
156.1 2016 3 31 32.4 2015 3 31 188.5 128.3 27.8 28 7 2016 3 31 2015 3 31 1 1.13 1.08 (4%) 1 6.48 6.14 (5%) 1 1.30 1.27 (2%) 1 314.94 299.25 (5%) 1 17.23 15.26 (11%) 4,856 6,051 (20%) 15.38 16.60 (7%) 23
2016 2015/16 2014/15 1 207.9 243.0 (35.1) 114.0 92.5 21.5 EBITDA 321.9 335.5 (13.6) 4.8 (1.5) 6.3 2 (46.4) (21.1) (25.3) (4.4) (2.6) (1.8) (34.6) (43.2) 8.6 (186.2) (119.9) (66.3) 15.6 0.8 14.8 (6.1) (6.2) 0.1 6.2 14.0 (7.8) 70.8 155.8 (85.0) (680.3) (9.2) (671.1) (54.4) (54.3) (0.1) (22.0) (50.7) 28.7 (5.2) (55.0) 49.8 0.2 0.8 (0.6) (4.2) (4.8) 0.6 (695.1) (17.4) (677.7) 3 40.3 (10.8) 51.1 74.2 197.3 (123.1) (580.6) 169.1 (749.7) 0.7 (39.9) 40.6 (579.9) 129.2 (709.1) 1 2015/16 0.62014/150.2 2 21 3 9.9 24
2015/16 70.8 2014/15 155.885.0 2015/16 46.4 2014/15 21.1 2015/16 34.6 43.28.6 2015/16 186.2 2014/15 119.9 2015 9 Zacatecas 7,400 8,100 Niš (São Paulo) 5 18.3 200 180 160 140 120 100 80 60 40 20 0 92.2 2013/14 1.4 1.7 2.2 119.9 67.2 71.1 2014/15 186.2 18.3 167.9 86.3 2015/16 2015/16 15.6 2014/15 0.8 2015/16 657.2 675.5 18.3 1 9.1 AML Systems 14.0 2014/15 9.2 1 27 25
2016 2016 3 31 Baa1 BBB 2016 3 31 2015 3 31 193.3 773.2 (579.9) (220.1) (94.0) (126.1) (202.4) (197.3) (5.1) (229.2) 481.9 (711.1) 575.5 577.6 (2.1) 2016 3 31 229.2 2015 3 31481.9 711.1 669.9 AML Systems 579.9 2016 3 31 193.3 AML Systems 2016 3 31 2015 3 31 98.3 59.7 42.7 269.8 19.2 9.0 382.0 24.1 61.7 193.3 773.2 26
126.1 124.4 1.7 2016 3 31 220.1 2015 3 31 94.0 2016 3 31 12 2014 4 200 1 2021 4 2019 3.57%2016 3 31 202.4 13 2016 3 31 18%2015 3 31 13% 2016 3 31 EBITDA 12 1.12015 3 31 0.9 2016 3 31 EBITDA 36 2015 3 31 39 2016 3 31 17%2015 3 31 53% 5 2016 3 31 576 225 172 352017 2 28 302017 4 12 202018 9 13 202018 9 24 302018 9 25 302018 9 30 3020 2018 12 16 10 2019 2 26 302018 12 28 * % 368.3 (105.0) 263.3 62% 23.4 107.2 130.6 31% 30.8 30.8 7% 422.5 2.2 424.7 100% 98.4 121.7 202.4 * 2.2 424.7 * 2016 4 30 7 27
2016 292 112 2015/16 34 2014/15 34 37.5 2016 8 2015/16 152014/15 14 16.6 54 2015/16 22.0 6.5 2014/15 50.7 13.7 2015/165.2 1.7 2014/15 55.0 14.3 2016 3 31 1 72 2015/16 2014/15 43% 45% 31% 34% 18% 18% 5% 0% 3% 3% 28
3 2016 3 31 1 72 7 1 1 29
2016 27 30
1 1 22 9 31
2016 1 EHS 2 EHS 3 1 34 35 2 EHS 35 36 3 26 29 32
MARBLE 1 JEPDS JEPS JEPDS JEPS JEPDS JEPS ISO9001 ISO14001 ISO/TS16949 ISO13485 (The Foreign Corrupt Practices Act) 2010 (The Bribery Act 2010) 1 MARBLE MARBLE www.johnsonelectric.com 33
2016 2016 3 31 38,000 82% 2015 4 One Johnson 34
(Johnson Electric Technical College) JETC JETC 2004 1,038 2016 105 JETC JETC 2015 10 One Johnson 2016 1 2016 MARBLE (Living MARBLE) 2014 10 200 2016 EHS EHS 35
2016 EHS EHS EHS EHS EHS EHS EHS EHS ISO14001OHSAS 18001 ISO50001 2015/16 EHS (Workplace Safety Standardisation Certification) 2015 2016 3 ISO14001 OHSAS Springfield YMCA(Hope for Life Award) 36
164 167 13.51B(1) 2015 2016 1 1 2016 5 16 37
2016 109(A) 2015/16 M M M M M Peter Stuart Allenby Edwards C Patrick Blackwell Paul C M Michael John Enright M C M Christopher Dale Pratt M M C M 38
Patrick Blackwell Paul Michael John EnrightChristopher Dale Pratt 2015/16 1. 2014/15 2015/16 2. 3. 4. 5. 6. 7. 8. 9. 39
2016 10. 11. 12. 13. 14. Michael John Enright Christopher Dale Pratt 40
2015/16 1. 2. 3. 4. 5. 6. 7. 8. 9. Peter Stuart Allenby Edwards Patrick Blackwell Paul 41
2016 2015/16 1. 2. 3. 4. 5. 6. 7. 8. 9. 42
2015/16 91.7%2015/16 6/6 2/2 1/1 6/6 4/5 1/1 6/6 0/1 2/6 0/1 6/6 3/4 0/1 Peter Stuart Allenby Edwards 5/6 2/2 0/1 Patrick Blackwell Paul 6/6 4/4 2/2 0/1 Michael John Enright 6/6 4/4 5/5 1/1 6/6 5/5 0/1 Christopher Dale Pratt 6/6 2/2 5/5 0/1 91.7% 92.9% 95% 100% 30% 13/05/2015 11/05/2015 12/05/2015 13/05/2015 09/07/2015 29/07/2015 27/07/2015 14/05/2015 03/03/2016 11/09/2015 02/11/2015 11/09/2015 04/11/2015 25/01/2016 03/11/2015 16/12/2015 02/03/2016 03/03/2016 43
2016 2015/16 2015/16 44
2014/15 2015/16 2015/16 2014/15 2.52 2.46 1.31 1.32 0.57 0.33 3 31 0.5 2016 3 31 62 63 45
2016 2016 3 31 A.2.1 A.2.1 1988 A.4.1 A.4.2 A.4.1 A.4.2 1988 3(e) 109(A) 109(A) 46
A.6.7 A.6.7 Peter Stuart Allenby Edwards Patrick Blackwell Paul Christopher Dale Pratt 2015 7 9 1981 74 47
2016 21 3 198179 80 100 1,000 12 6 48
2015/16 2016 3 31 www.johnsonelectric.com 49
2016 2016 3 31 38 2016 3 31 8 11 12 36 2016 3 31 66 2016 1 6 15 1.92 16.6 34 4.36 37.5 2016 8 12 2016 3 31 1,790.1 1,731.0 59.1 1981 (i) (ii) 50
0.2 2014/15 0.2 2014 4 2 7 5 200 1% 92 JP Peter Stuart Allenby Edwards Patrick Blackwell Paul CBE, FCA Michael John Enright GBM, GBS, CBE, JP Christopher Dale Pratt CBE 109(A) Peter Stuart Allenby Edwards Michael John Enright 164 167 51
2016 2016 3 31 352 XV 0.05 521,500 1 165,500 2 90,375 3 550,625,220 4 5 144,250 6 Peter Stuart Allenby Edwards 40,250 7 Patrick Blackwell Paul 32,750 Michael John Enright 15,250 11,750 Christopher Dale Pratt 56,000 1. 521,500 2. 165,500 3. 90,375 4. 5. 6. 7. Peter Stuart Allenby Edwards 2016 3 31 352 XV 52
2016 3 31 336 5% 550,625,220 1 2 62.65 Ansbacher (Bahamas) Limited 221,760,000 1 HSBC International Trustee Limited 190,442,915 1 Great Sound Global Limited 188,636,340 3 Winibest Company Limited 188,636,340 4 Federal Trust Company Limited 140,228,880 1 25.23 21.66 21.46 21.46 15.95 Schroders Plc 70,046,689 7.97 Ceress International Investment (PTC) Corporation 55,753,520 5 6.34 Merriland Overseas Limited 52,985,760 6 6.02 1. Ansbacher (Bahamas) Limited Federal Trust Company Limited HSBC International Trustee Limited 188,636,340 2. 1 3. HSBC International Trustee Limited Great Sound Global Limited 4. Winibest Company Limited Great Sound Global Limited 5. Federal Trust Company Limited Ceress International Investment (PTC) Corporation 6. Federal Trust Company Limited Merriland Overseas Limited 2016 3 31 336 53
2016 2009 8 24 2011 7 20 2015 7 9 1. 2. 3. 10 4. 54
5. 6. 7. (a) (b) (c) 8. 10% 10% 55
2016 9. 10. 11. 12. 2016 3 31 170.686,495,000 27.15 22.75 56
2015 3 31 4,518 5,530 10,048 2,487 2,312 4,799 (1,275) (1,252) (2,527) (122) (113) (235) 2016 3 31 5,608 6,477 12,085 2016/17 (1,334) (1,334) 2016/17 (141) (262) (403) 4,133 6,215 10,348 2016/17 2,030 2,030 2017/18 1,336 2,009 3,345 2018/19 2,472 2,176 4,648 2019/20 325 325 4,133 6,215 10,348 57
2016 2016 3 31 1,697,500 0.05 2016 3 31 878,844,605 * 2015 11 97,500 25.75 24.80 2.46 2015 12 250,500 27.40 26.85 6.80 2016 2 527,000 23.75 22.75 12.34 2016 3 822,500 23.40 22.60 18.97 1,697,500 40.57 * 0.1 162 163 30% 30% 58
25% 167 169 37 49 JP 2016 5 17 59
2016 2016 7 14 2016 8 12 344.36 2015 344.36 2016 8 3 2016 3 31 49 6.28 2015 48 6.15 2016 7 12 2016 7 14 2016 7 11 183 17 1712-1716 2016 8 1 2016 8 3 2016 7 29 183 17 1712-1716 2016 7 28 60
62 64 66 67 68 70 72 61
2016 64 161 2016 3 31 90 62
2016 3 31 2016 5 17 63
2016 2016 3 31 2016 2015 3 667,489 410,578 4 91,530 82,035 5 1,083,405 595,578 6 37,897 2,720 7 137,092 215,182 14 8,410 7,156 15 48,650 43,500 19,099 9,679 2,093,572 1,366,428 8 270,692 222,029 9 542,234 414,893 8,003 7 38,434 60,072 2,035 3,386 10 9,119 10 193,325 773,172 1,055,839 1,481,555 11 250,240 206,161 224,257 175,319 34,892 37,244 7 31,271 14,531 12 98,434 65,816 14 29,033 21,713 668,127 520,784 387,712 960,771 2,481,284 2,327,199 64
2016 2015 14,854 16,642 7 111,848 72,189 12 121,706 28,214 13 202,387 197,345 15 103,487 69,821 14 42,250 42,076 596,532 426,287 1,884,752 1,900,912 16 5,670 5,681 16 (75,450) (61,082) 17 1,912,358 1,917,719 1,842,578 1,862,318 42,174 38,594 1,884,752 1,900,912 72 161 JP 65
2016 2016 3 31 2016 2015 2 2,235,945 2,136,052 (1,646,433) (1,503,647) 589,512 632,405 18 28,454 17,918 19 (410,763) (407,539) 207,203 242,784 20 6,236 13,998 20 (9,416) (8,452) 6 2,613 731 206,636 249,061 22 (23,889) (29,249) 182,747 219,812 (10,087) (8,918) 172,660 210,894 23 20.09 24.11 23 19.75 23.60 72 161 344.36 37.52014/1534 4.3637.824 66
2016 3 31 2016 2015 182,747 219,812 14 & 17 1,932 (15,812) 15 & 17 753 1,553 14 & 17 98 230 15 & 17 (17) (39) 2,766 (14,068) 17 (51,268) (17,088) 17 20,878 8,107 15 & 17 5,014 1,482 17 (67,676) 175,868 17 (38,978) (17,104) 15 & 17 19,053 (23,790) 17 (13,422) 61,693 873 (103,858) (125,526) 85,310 (122,760) 71,242 59,987 291,054 52,169 281,659 10,087 8,918 (2,269) 477 59,987 291,054 72 161 67
2016 2016 3 31 * 2015 3 31 (55,401) 138,937 1,778,782 1,862,318 38,594 1,900,912 172,660 172,660 10,087 182,747 17 (51,268) (51,268) (51,268) 17 20,878 20,878 20,878 15 & 17 5,014 5,014 5,014 17 (67,676) (67,676) (67,676) 17 (38,978) (38,978) (38,978) 15 & 17 19,053 19,053 19,053 17 (13,422) (13,422) (13,422) 14 & 17 1,932 1,932 1,932 15 & 17 753 753 753 14 & 17 98 98 98 15 & 17 (17) (17) (17) 17 (108) 108 17 3,142 3,142 (2,269) 873 2015/16 (123,365) 175,534 52,169 7,818 59,987 17 4,476 (4,476) 16 & 17 (11) (5,224) (5,235) (5,235) 16 & 17 7,646 (7,646) 17 & 26 9,734 9,734 9,734 16 (22,014) (22,014) (22,014) (4,238) (4,238) 2014/15 17 (37,802) (37,802) (37,802) 2015/16 17 (16,592) (16,592) (16,592) (14,379) 1,340 (58,870) (71,909) (4,238) (76,147) 2016 3 31 (69,780)** 16,912 1,895,446 1,842,578 42,174 1,884,752 * ** (69.8)5.7(75.5) 72 161 68
2015 3 31 * 2014 3 31 15,505 76,409 1,640,385 1,732,299 34,019 1,766,318 210,894 210,894 8,918 219,812 17 (17,088) (17,088) (17,088) 17 8,107 8,107 8,107 15 & 17 1,482 1,482 1,482 17 175,868 175,868 175,868 17 (17,104) (17,104) (17,104) 15 & 17 (23,790) (23,790) (23,790) 17 61,693 61,693 61,693 14 & 17 (15,812) (15,812) (15,812) 15 & 17 1,553 1,553 1,553 14 & 17 230 230 230 15 & 17 (39) (39) (39) 17 (14) 14 17 (104,335) (104,335) 477 (103,858) 2014/15 84,819 196,840 281,659 9,395 291,054 17 4,224 (4,224) 17 4,823 4,823 4,823 15 & 17 (3,868) (3,868) (3,868) 16 & 17 (24,069) (30,926) (54,995) (54,995) 16 & 17 3,889 (3,889) 17 & 26 7,413 7,413 7,413 16 (50,726) (50,726) (50,726) 17 (68) 68 (4,820) (4,820) 2013/14 17 (38,765) (38,765) (38,765) 2014/15 17 (15,522) (15,522) (15,522) (70,906) (22,291) (58,443) (151,640) (4,820) (156,460) 2015 3 31 (55,401) 138,937 1,778,782 1,862,318 38,594 1,900,912 * 69
2016 2016 3 31 2016 2015 26 321,869 335,520 26 4,870 (1,546) 26 (46,352) (21,076) 26 280,387 312,898 (4,373) (2,583) (34,635) (43,172) 241,379 267,143 (186,239) (119,875) 26 15,640 812 5 (6,144) (6,269) 6,236 13,998 (170,507) (111,334) * 27 (671,184) (9,203) (9,119)** (285) (3,257) 179 4,373 (850,631) (119,706) * 2015 10 272015/16 657.212.7 11.1 1.6 27 AML Systems 1.3 2014/15 9.2 ** 9.1 70
2016 2015 16 (5,235) (54,995) 16 (22,014) (50,726) 72,680 74,173 197,300 (22,484) (10,751) (9,874) (54,394) (54,287) (4,238) (4,820) 28,614 21,721 (580,638) 169,158 773,172 643,986 791 (39,972) 193,325 773,172 2015 3 31 65,816 28,214 197,345 3,710 295,085 1,718 23 (129) 1,612 45,484 101,369 146,853 (22,484) (9,874) (32,358) (2,000) (2,000) 12,427 12,427 7,042 339 7,381 7,900 (7,900) 2016 3 31 98,434 121,706 202,387 6,473 429,000 72 161 71
2016 1. Canon s Court, 22 Victoria Street, Hamilton HM 12, Bermuda 2016 5 17 35 342015/162015/16 36 72
2. 2016 2015 178,749 224,866 18 28,454 17,918 207,203 242,784 2016 2015 1,423,196 1,457,448 630,968 678,604 181,781 2,235,945 2,136,052 (OEM) 2015/16 22% 2014/1525% 73
2016 2. 2016 2015 * 870,597 891,355 557,131 582,303 602,004 447,172 177,209 178,759 22,987 32,567 6,017 3,896 2,235,945 2,136,052 * 2015/16218.32014/15247.6 10% 2015/16 212.42014/15 139.3 2016 3 31 415.22015 3 31 364.7791.9 2015 3 31303.8 74
3. * 2014 3 31 239,568 596,129 54,043 285,041 140,793 1,315,574 (134,504) (464,035) (2,172) (226,632) (96,005) (923,348) 105,064 132,094 51,871 58,409 44,788 392,226 2014/15 2014 3 31 105,064 132,094 51,871 58,409 44,788 392,226 (8,749) (1,968) (5,398) (1,218) (388) (17,721) 4,900 26,919 71,967 10,039 3,935 117,760 6,971 30,171 (54,024) 11,992 4,890 (8,003) (8,003) (220) (236) (663) (114) (1,233) 21 26 (84) (598) (4) (686) 21 (11,732) (30,432) (20,745) (8,856) (71,765) 2015 3 31 88,231 156,464 64,416 57,216 44,251 410,578 2015 3 31 211,931 616,373 64,495 280,859 136,115 1,309,773 (123,700) (459,909) (79) (223,643) (91,864) (899,195) 88,231 156,464 64,416 57,216 44,251 410,578 * 75
2016 3. * 2015/16 2015 3 31 88,231 156,464 64,416 57,216 44,251 410,578 4 (3,672) 643 (1,832) (618) (5,475) 27 9,999 105,821 32,733 2,948 1,456 152,957 10,347 32,874 135,976 12,847 4,676 196,720 8,516 51,895 (80,459) 13,994 6,054 (315) (490) (220) (95) (1,120) 21 26 3,481** (336) (129) (1,659) (228) 1,129 21 (12,188) (43,372) (21,932) (9,808) (87,300) 2016 3 31 108,075 299,184 153,180 61,362 45,688 667,489 2016 3 31 235,754 863,685 153,380 300,767 144,617 1,698,203 (127,679) (564,501) (200) (239,405) (98,929) (1,030,714) 108,075 299,184 153,180 61,362 45,688 667,489 * ** 4.3 10 50 * 2 12 3 10 3 7 25 * 50 76
4. 2016 2015 82,035 68,371 (387) 77 18 26 10,205 10,749 90 2,890 (413) (52) 91,530 82,035 2016 3 31 2016 3 312016 122027 5 2015 3 312015 72027 5 77
2016 5. 2014 3 31 465,011 151,335 22,958 68,571 113,877 4,782 826,534 (81,644) (12,512) (22,539) (57,888) (1,218) (175,801) 465,011 69,691 10,446 46,032 55,989 3,564 650,733 2014/15 2014 3 31 465,011 69,691 10,446 46,032 55,989 3,564 650,733 (32,975) (4,478) (2,323) (3,573) (5,319) 37 (48,631) 9,203 9,203 21 6,269 6,269 21 26 (9,389) (926) (2,559) (8,283) (239) (21,396) 21 26 (600) (600) 2015 3 31 432,036 55,824 12,866 39,900 51,590 3,362 595,578 2015 3 31 432,036 140,326 21,955 63,023 112,657 4,835 774,832 (84,502) (9,089) (23,123) (61,067) (1,473) (179,254) 432,036 55,824 12,866 39,900 51,590 3,362 595,578 2015/16 2015 3 31 432,036 55,824 12,866 39,900 51,590 3,362 595,578 6,765 673 379 1,000 3,783 (167) 12,433 27 253,527 30,372 39,943 173,335 497,177 21 6,144 6,144 21 26 (10,610) (2,812) (2,445) (11,620) (234) (27,721) 21 26 (206) (206) 2016 3 31 692,328 76,259 16,577 78,398 217,088 2,755 1,083,405 * 2016 3 31 692,328 171,677 28,192 104,032 290,089 4,579 1,290,897 (95,418) (11,615) (25,634) (73,001) (1,824) (207,492) 692,328 76,259 16,577 78,398 217,088 2,755 1,083,405 * 78
5. 2016 3 312015 3 31 2016 2015 503,463 471,188 487,726 82,423 82,204 10,976 12,683 12,600 9,603 2,755 3,362 1,083,405 595,578 4 20 25 15 20 2016 3 3140.9 2016 3 31 79
2016 5. 36 20162015 3 31 20216%2% 2014/156% 2%10% 2014/15 10%11.6%10% 2014/1511.6% 80
6. 2016 2015 2,720 2,202 36 32 27 33,914 2,613 731 (1,386) (245) 37,897 2,720 38 Halla Stackpole Corporation HALLA SMART HALLA 2016 2015 SMART SMART 69,091 521 69,612 720 720 76,342 6,560 82,902 6,416 6,416 (30,042) (30,042) (21,981) (1,670) (23,651) (1,586) (1,586) 93,410 5,411 98,821 5,550 5,550 61,586 9,864 71,450 11,033 11,033 (55,260) (8,404) (63,664) (9,541) (9,541) 6,326 1,460 7,786 1,492 1,492 81
2016 7. 2016 2015 (i) 1,164 (47,422) (46,258) 3,306 (21,794) (18,488) (ii) 142,881 (92,729) 50,152 221,648 (64,923) 156,725 23,384 23,384 48,616 48,616 (2,203) (2,203) 1,541 1,541 7,825 7,825 156 (645) (489) 19 (3) 16 116 (120) (4) 124 124 175,526 (143,119) 32,407 275,254 (86,720) 188,534 38,434 (31,271) 7,163 60,072 (14,531) 45,541 137,092 (111,848) 25,244 215,182 (72,189) 142,993 175,526 (143,119) 32,407 275,254 (86,720) 188,534 (i) 2016 3 31 47,225 274.0 5,802 4,856 4,865 1 72 (44,247) 780,000 14.1 18.05 15.38 15.69 1 48 (1,838) 1,325 2.2 1,667 1,492 1,536 1 19 (173) (46,258) 82
7. (ii) 9.5 2016 3 31 * 630.5 1.41 1.13 1.20 1 69 887.0 130,942 39,619.5 335.32 314.94 324.83 1 58 134.0 4,324 345.4 4.52 4.27 4.42 1 60 86.7 1,980 17.0 3.95 3.78 3.75 1 12 4.3 232 47.4 7.90 7.75 7.76 10 15 6.0 107 651.0 113.52 112.49 110.31 1 30 5.7 (166) 102.0 1.07 1.09 1.09 1 20 108.2 (1,908) 97.3 1.35 1.30 1.29 1 12 72.0 (3,179) 1,814.5 16.16 17.23 19.00 1 72 112.3 (16,766) 10,500.1 6.59 6.48 6.87 1 69 1,593.3 (65,414) 50,152 * 83
2016 7. 2016 3 31 * 111.0 1.40 1.13 1.19 21 45 155.9 23,384 68.0 1.10 1.13 1.14 61 75.0 (2,203) * 2016 4 30 2022 126.6 2016 3 31 * 38.0 1.36 1.13 1.15 9 51.6 7,825 * 84
7. 2016 3 31 * 1,440.3 75.55 66.36 77.53 1 59 19.1 (489) * 2015/16 20.52014/159.0 2016 3 31 1452015 3 31354 8. 2016 2015 124,499 89,842 146,193 132,187 270,692 222,029 85
2016 9. 2016 2015 447,370 352,608 (2,073) (2,751) 445,297 349,857 96,937 65,036 542,234 414,893 2016 2015 1 30 325,892 190,873 31 90 98,879 139,491 90 22,599 22,244 447,370 352,608 30 105 2016 2015 429,593 341,077 1 30 12,452 7,606 31 90 3,622 1,643 90 1,703 2,282 447,370 352,608 86
9. 10% 2016 2015 161,486 148,251 132,937 114,665 96,999 80,209 43,492 12,456 9,483 447,370 352,608 30 1052016 3 31 15.72015 3 318.8 15.7 2016 2015 1 30 12,011 6,891 31 90 3,548 1,239 90 145 650 15,704 8,780 87
2016 9. 2016 2015 2,751 9,186 144 (558) (272) (6,984)* 21 (550) 1,107 2,073 2,751 * 10. 2016 2015 174,268 174,883 19,057 598,289 193,325 773,172 9,119 2016 2015 98,331 59,710 42,721 269,762 28,329 8,954 381,957 24,109 61,743 202,444 773,172 88
11. 2016 2015 250,240 206,161 2016 2015 0 60 178,212 152,839 61 90 47,378 38,984 90 24,650 14,338 250,240 206,161 2016 2015 98,778 87,378 74,333 55,549 47,008 37,987 22,913 20,824 3,925 3,283 4,423 250,240 206,161 89
2016 12. 2016 2015 62,376 90,432 (IFC) 74,173 35,333 714 48,258 2,884 220,140 94,030 98,434 65,816 121,706 28,214 2016 3 3162.42015 3 3190.4 27.5 2015 3 3127.5 22.720.02015 3 3143.3 40.0 20% 2016 3 3127.22015 3 3152.0 12.2 2015 3 3119.6 74.2 75.0 0.8 2016 1 8 2019 42024 1 15 90
12. 2016 2015 2016 2015 1 98,020 65,432 414 384 1 2 5,000 27,500 164 396 2 5 42,200 29,638 318 5 44,704 145,220 92,932 74,920 1,098 2016 3 310.64.3 2015 3 31 0.63.21.82015 3 310.7 20 2016 3 31145.22015 3 3192.9 2016 3 31 2015 5Baa1 2014 12BBB 2016 3 31 2 2016 2015 165,874 49,600 30,844 23,422 44,430 220,140 94,030 91
2016 13. 2016 2015 202,387 197,345 2014 4 2200 172021 4 2 52019 4 2109.31% 113.41% 3.57% 2014 5 13 2016 3 31 2014/152015 7 16 39.782015/16 1% 2016 3 31 2 92
14. 2014 3 31 10,057 22,528 6,398 4,618 3,926 47,527 (1,786) (3,126) (1,242) (152) (6,306) 19 2,980 9,632 (682) 5,040 16,970 (5,744) (5,240) (491) (908) (4,757) (17,140) 17 * 15,812 (230) 15,582 2015 3 31 21,319 23,794 3,983 3,710 3,827 56,633 16,217 3,983 1,020 493 21,713 28,475 7,577 2,690 3,334 42,076 (7,156) (7,156) 2015 3 31 21,319 23,794 3,983 3,710 3,827 56,633 2015 3 31 21,319 23,794 3,983 3,710 3,827 56,633 1,614 401 179 (129) 1 2,066 27 (1,575) 485 12,427 11,337 19 4,891 11,290 339 10,797 27,317 (4,736) (12,318) (250) (9,874) (5,272) (32,450) 17 * (1,932) (98) (2,030) 2016 3 31 19,581** 23,652 3,912 6,473 9,255 62,873 18,054 3,912 1,239 5,828 29,033 27,991 5,598 5,234 3,427 42,250 (8,410) (8,410) 2016 3 31 19,581 23,652 3,912 6,473 9,255 62,873 * ** 2016 3 3119.62015 3 3121.3149.72015 3 31184.0 130.12015 3 31162.7 93
2016 14. 14.1 2016 2015 135,728 169,635 14,006 14,415 149,734 184,050 (130,153) (162,731) 19,581 21,319 (8,410) (7,156) 27,991 28,475 94
14. 14.1 2014 3 31 171,677 (161,620) 10,057 3,084 3,084 4,255 (4,359) (104) 21 7,339 (4,359) 2,980 (681) (681) 29,574 29,574 (2,307) 86 (2,221) (10,860) (10,860) 17 26,586 (10,774) 15,812 (16,026) 14,240 (1,786) 2,707 (2,707) (5,139) (5,139) (8,233) 7,628 (605) 2015 3 31 184,050 (162,731) 21,319 2015 3 31 184,050 (162,731) 21,319 4,471 4,471 2,637 (3,111) (474) 894 894 21 8,002 (3,111) 4,891 (2,065) (2,065) 124 (206) (82) (9,454) 9 (9,445) 9,660 9,660 17 (11,395) 9,463 (1,932) 532 1,082 1,614 2,694 (2,694) (3,539) (3,539) 27 21,739 (23,314) (1,575) (5,819) 4,622 (1,197) (50,069) 50,069 2016 3 31 149,734 (130,153) 19,581 95
2016 14. 14.1 2016 2015 0.4% 3.8% 0.6% 3.4% 0% 3.2% 0% 3.3% 0.5% 6.9% 7.9% 0.25% 1.6% 2016 2015 0.4% 0.6% 3.8% 3.4% 1.9% 1.7% 96
14. 14.1 18.82015 3 3116.7 2016 3 312015 3 31 2016 2015 1 3,985 6,300 1 2 3,864 6,460 2 5 12,377 20,009 5 271,597 292,360 291,823 325,129 2016 2015 4,416 3% 3,842 2% 15,949 12% 24,382 15% 22,268 17% 9,338 6% 13,463 10% 24,547 15% 30,222 23% 53,340 33% 11,600 9% 1,060 1% 10,053 8% 5,039 3% 0% 534 0% 7,390 6% 9,077 6% 0% 2,135 1% 7,253 6% 0% 122,614 94% 133,294 82% 7,255 6% 29,150 18% 284 0% 287 0% 7,539 6% 29,437 18% 130,153 100% 162,731 100% 97
2016 14. 14.1 2016/173.82015/163.5 14.2 5% 12% 2016 3 312015 3 31 2015/16 5.02014/154.8 21 98
14. 14.3 2016 2015 13,371 10,658 (8,917) (8,424) 4,454 2,234 2016 2015 1 1,831 1,400 1 5 3,378 3,062 5 5,361 10,570 4,462 (4,097) (752) 6,473 3,710 2016 2015 1 1,239 1,020 1 5 2,016 2,690 5 3,218 6,473 3,710 2018 52033 9 99
2016 15. 22 2016 2015 48,650 43,500 (103,487) (69,821) (54,837) (26,321) 2016 2015 101,374 70,375 (156,211) (96,696) (54,837) (26,321) 100
15. 2016 2015 2016 2015 2016 2015 2016 2015 2016 2015 2016 2015 19,149 16,118 4,747 3,242 20,424 17,173 16,625 8,713 9,430 8,975 70,375 54,221 90 (1,342) (111) (53) 78 (415) 38 346 (40) 441 (1,850) 373 2,213 2 297 12,847 15,732* (650) 4,373 1,267 1,558 2,552 3,666 (733) (241) 1,644 (1,044) 4,080 8,312 10,874 8,153 (128) 1,539 10,746 9,692 18,962 19,149 8,116 4,747 23,056 20,424 27,101 16,625 24,139 9,430 101,374 70,375 (4,737) (6,180) (4,826) (5,432) (68,524) (47,262) (18,609) (11,448) (96,696) (70,322) (132) 1,248 (494) 657 (1,293) 3,172 (3) 438 (1,922) 5,515 (17,890) (57,722) (574) (76,186)* 3,039 195 292 (51) 5,409 6,027 (4,204) (3,706) 4,536 2,465 13,192 (30,461) 865 (3,893) 14,057 (34,354) (1,830) (4,737) (22,918) (4,826) (108,938) (68,524) (22,525) (18,609) (156,211) (96,696) 17,132 14,412 (14,802) (79) 23,056 20,424 (81,837) (51,899) 1,614 (9,179) (54,837) (26,321) * 2.7 (63.2)27 2.6 2014/150.6 101
2016 15. 2016 3 31 48.54.83.83.62015 3 3148.22.44.2 102
15. 2016 2015 12 76,007 49,729 12 25,367 20,646 101,374 70,375 12 (145,451) (79,050) 12 (10,760) (17,646) (156,211) (96,696) (54,837) (26,321) 2016 2015 (26,321) (16,101) (1,481) 3,665 27 (60,454) 22 8,616 10,777 24,803 (24,662) (54,837) (26,321) 103
2016 15. 2016 2015 17 24,067 (22,308) 17 (17) (39) 17 753 1,553 17 (3,868) 24,803 (24,662) 2015/162014/15 2016 2015 78,121 112,127 (187) (7,187) 31,560 (6,231) (15,695) 1,793 (6,346) (4,778) 105,056 78,121 105.12014/1578.1 104
15. 2016 2015 1 11 57 1 2 4,808 53 2 5 25,563 15,757 5 20 45,038 26,002 29,636 36,252 105,056 78,121 1.92014/15 2.3 16. 2014 3 31 * 894,799 (6,968) 887,831 (14,257) (14,257) (13,749) (13,749) 1,609 1,609 2015 3 31 880,542 (19,108) 861,434 (1,697) (1,697) (6,495) (6,495) 2,527 2,527 2016 3 31 878,845 (23,076) 855,769 * 2014 7 15 4 1 105
2016 16. 2016 3 31 1,760.02015 3 311,760.0 0.052015 3 310.05 2014 3 31 5,773 (13,896) 23,628 15,505 (92) (23,977) (24,069)* (50,726) (50,726) 17 3,540 349 3,889 2015 3 31 5,681 (61,082) (55,401) (11) (11)* (22,014) (22,014) 17 7,646 7,646 2016 3 31 5,670 (75,450) (69,780) 68 69 2016 2015 * 11 24,069 5,224 30,926 5,235 54,995 106
16. 2015 7 9 10% 88.1 2015/161.7 5.240.72014/1514.3 55.0426.4 2009 8 24 2011 7 20 2015 7 9 107
2016 16. 2015/20162017/201877 6,000 500 2014 3 31* 3,624 4,300 7,924 1,828 2,267 4,095 (794) (815) (1,609) (140) (222) (362) 2015 3 31 4,518 5,530 10,048 2,487 2,312 4,799 (1,275) (1,252) (2,527) (122) (113) (235) 2016 3 31 5,608 6,477 12,085 * 2014 7 15 4 1 28.023.59 108
16. 2016 3 31 * 2016/17 1,334 2,030 3,364 2017/18 1,398 2,153 3,551 2018/19 2,551 2,294 4,845 2019/20 325 325 5,608 6,477 12,085 * 6 1 109
2016 17. * 2015 3 31 23,477 (233,885) 169,473 13,926 114,837 51,109 1,778,782 1,917,719 (51,268) (51,268) 20,878 20,878 15 5,014 5,014 (67,676) (67,676) (38,978) (38,978) 15 19,053 19,053 (13,422) (13,422) 14 1,932 1,932 15 753 753 14 98 98 15 (17) (17) (108) 108 2,997 145 3,142 (10,425) (112,832) (108) 2,874 (120,491) 172,660 172,660 (10,425) (112,832) (108) 175,534 52,169 4,476 (4,476) 16 (5,224) (5,224) 16 (1,502) (6,144) (7,646) 26 9,734 9,734 2014/15 (37,802) (37,802) 2015/16 (16,592) (16,592) (6,726) (10,425) 3,590 (112,832) 4,368 116,664 (5,361) 2016 3 31 16,751 (233,885) 159,048 17,516 2,005 55,477 1,895,446 1,912,358 24 37,525 37,525 16,751 (233,885) 159,048 17,516 2,005 55,477 1,857,921 1,874,833 2016 3 31 16,751 (233,885) 159,048 17,516 2,005 55,477 1,895,446 1,912,358 * 110
17. * 2014 3 31 15,499 38,904 (233,885) 219,855 10,470 (20,378) 45,944 1,640,385 1,716,794 (17,088) (17,088) 8,107 8,107 15 1,482 1,482 175,868 175,868 (17,104) (17,104) 15 (23,790) (23,790) 54,037 7,656 61,693 14 (15,812) (15,812) 15 1,553 1,553 14 230 230 15 (39) (39) (14) 14 (104,419) 84 (104,335) (50,382) 135,215 (14) (14,054) 70,765 210,894 210,894 (50,382) 135,215 (14) 196,840 281,659 4,224 (4,224) 4,823 4,823 15 (3,868) (3,868) 16 (15,499) (15,427) (30,926) 16 (3,889) (3,889) 26 7,413 7,413 (68) 68 2013/14 (38,765) (38,765) 2014/15 (15,522) (15,522) (15,499) (15,427) (50,382) 3,456 135,215 5,165 138,397 200,925 2015 3 31 23,477 (233,885) 169,473 13,926 114,837 51,109 1,778,782 1,917,719 24 37,768 37,768 23,477 (233,885) 169,473 13,926 114,837 51,109 1,741,014 1,879,951 2015 3 31 23,477 (233,885) 169,473 13,926 114,837 51,109 1,778,782 1,917,719 * 111
2016 18. 2016 2015 3,771 4,192 105 (120) 26 5,949 (473) 4 26 10,205 10,749 (433) 65 8,857* 3,505 28,454 17,918 * 4.7 3 19. 2016 2015 98,260 100,933 336,706 303,936 14 11,290 9,632 21 (35,493) (6,962) 410,763 407,539 2015/166.22014/156.7 20. 2016 2015 3,814 13,998 2,422 (2,374) (1,584) 23 (7,042) (6,868) 26 (3,180) 5,546 1213 112
21. 2016 2015 3 87,300 71,765 (988) (670) 26 86,312 71,095 * 131,231 127,830 5 (6,144) (6,269) 125,087 121,561 647,489 589,018 9,699 7,373 59,308 56,444 14.1 4,891 2,980 14.2 4,959 4,757 726,346 660,572 (7,022) (5,167) 719,324 655,405 ** 1,646,433 1,503,647 2,516 2,458 5 26 27,721 21,396 3 26 (1,129) 686 5 26 206 600 19 (35,493) (6,962) 9 (550) 1,107 * 2015/165.9% 2014/156.0% ** 15.4 2014/1514.7 113
2016 22. 2016 2015 33,824 39,392 (1,319) 634 32,505 40,026 15 (8,616) (10,777) 23,889 29,249 11.6% 11.7% 2015/16 11.6% 2014/1511.7% 16.5% 2016 2015 206,636 249,061 16.5% 34,095 16.5% 41,095 1.6% 3,348 0.6% 1,438 (1.0)% (2,146) (1.5)% (3,743) (4.6)% (9,572) (4.0)% (9,885) (0.9)% (1,861) (0.4)% (1,055) (0.3)% (706) (1.2)% (2,945) * 0.3% 731 1.7% 4,344 11.6% 23,889 11.7% 29,249 * 114
23. 2016 2015 172,660 210,894 859,540 874,537 20.09 24.11 155.83 186.98 2016 2015 172,660 210,894 20 7,042 6,868 (743) (714) 178,959 217,048 859,540 874,537 4,972 3,954 2,568 2,750 39,025 38,294 906,105 919,535 19.75 23.60 153.21 183.02 115
2016 24. 2016 2015 151.922016 1 2014/15141.79 16,592 15,522 344.362016 8 2014/15344.36 17 37,525 * 37,768 54,117 53,290 * 2016 3 312016 8 122016 8 3 492014/1548 2016 5 17 344.36 2016 8 2016/17 2009/102015/16 2009/10 * 20.0 20.0 23,659 2010/11 * 12.0 24.0 36.0 42,488 2011/12 * 12.0 28.0 40.0 46,118 2012/13 * 12.0 32.0 44.0 50,396 2013/14 * 12.0 34.0 46.0 52,648 2014/15 14.0 34.0 48.0 53,290 2015/16 15.0 34.0** 49.0 54,117 * ** 2015/16 116
25. 25.1 2016 2015 48,782 18,884 25.2 (i) 2016 3 312015 3 31 2016 2015 1 20,562 2,171 17,965 1,343 1 5 55,143 4,872 51,726 2,351 5 51,609 744 14,199 127,314 7,787 83,890 3,694 (ii) 2016 3 312015 3 31 2016 2015 1 1,360 1,323 1 5 5,138 5,293 5 5,864 7,547 12,362 14,163 117
2016 26. 2016 2015 206,636 249,061 21 86,312 71,095 5 21 27,721 21,396 20 3,180 (5,546) (1,980) (486) EBITDA* 321,869 335,520 18 (5,949) 473 3 21 (1,129) 686 5 21 206 600 (171) 31 17 9,734 7,413 4 18 (10,205) (10,749) 12,384 4,870 (1,546) EBITDA* 326,739 333,974 (28,956) (27,592) (43,105) (7,945) (1,702) (1,834) 16,870 15,015 ** 4,741 (170) 5,800 1,450 (46,352) (21,076) 280,387 312,898 * EBITDA ** 118
26. 2016 2015 9,691 1,285 18 5,949 (473) 15,640 812 27. 2015 10 27675.5800 11.12015/16 2016 3 31181.8 4.7 2015 4 1 2,481.5 7245.6EBITDA 368.3 735.3191.7 77.9 11.1 119
2016 27. 2016 675,524 (421,997) * 253,527 153,298 152,957 90,457 243,650 29,997 33,914 2,653 2,739 1,575 1,575 27,337 28,075 85,231 85,231 18,357 18,357 (67,319) (67,319) (1,077) (1,077) (11,870) (12,912) (24,710) (63,193) 303,929 421,997 675,524 (18,357) 657,167 * 2016 3 31 120
28. 2016 2 4 AML Développement AML Développement 2016 4 102016 4 22 65 AML DéveloppementAML AML AML 20 2016 5 AML2016 5 17 1.32015/16 121
2016 29. 29.1 2015/16 * 112 112 912 1,317 109 2,338 642 464 77 1,183 340 125 37 502 47 47 Peter Stuart Allenby Edwards 42 7 49 Patrick Blackwell Paul 59 7 66 Michael John Enright 54 7 61 44 7 51 Christopher Dale Pratt 47 7 54 405 1,894 1,906 35 223 4,463 2014/15 * 108 108 889 1,384 106 2,379 626 488 75 1,189 345 104 35 484 36 36 Peter Stuart Allenby Edwards 37 8 45 Patrick Blackwell Paul 49 8 57 Michael John Enright 44 8 52 34 8 42 Christopher Dale Pratt 24 8 32 224 1,968 1,976 40 216 4,424 * 122
29. 29.2 164 169 8 2014/1510 2016 2015 5,185 6,104 492 524 2,997 2,355 3,153 3,107 11,827 12,090 2016 2015 897,001 1,026,000 7,000,001 8,000,000 3 1,026,001 1,154,000 8,000,001 9,000,000 1 1 1,154,001 1,282,000 9,000,001 10,000,000 1 3 1,282,001 1,410,000 10,000,001 11,000,000 1 2 1,410,001 1,538,000 11,000,001 12,000,000 4 1,538,001 1,666,000 12,000,001 13,000,000 1 2,307,001 2,436,000 18,000,001 19,000,000 1 123
2016 29. 29.3 51 29.12014/151 54 2014/154 2016 2015 2,800 2,734 279 255 1,939 1,049 1,722 1,556 6,740 5,594 2016 2015 1,218,001 1,282,000 9,500,000 10,000,000 1 1,282,001 1,346,000 10,000,001 10,500,000 1 1,346,001 1,410,000 10,500,001 11,000,000 1 1,410,001 1,474,000 11,000,001 11,500,000 2 1 1,474,001 1,538,000 11,500,001 12,000,000 1 1 1,602,001 1,666,000 12,500,001 13,000,000 1 2,307,001 2,372,000 18,000,001 18,500,000 1 1 30. 29 124
31. 31.1 2015/16 43% 2014/1545% 31% 2014/1534% 18% 2014/15 18% 2016 3 3172 2016 3 31 5% 0.7% 2014/155.6% 5% 2.3% 2014/151.8% 125
2016 31. 31.1 61 2016 3 31 193.32015 3 31 773.20.42015 3 311.8 2016 3 31 220.12015 3 3194.0 1.82015 3 310.70.25% 0.62014/150.2 3 2016 3 31 1 72 10% 23.02015 3 3124.3 126
31. 31.2 30 105 2016 3 31 145.2 2015 3 3192.9 31.3 AML Systems 2016 3 31 193.32015 3 31773.26% 2015 3 3127%2016 3 31172 2015 3 31165 292 2015 3 31322112 2015 3 3191 127
2016 31. 31.3 12 1 1 2 2 5 5 2016 3 31 147,385 1,609 33,973 46,400 2,000 2,000 221,620 17,668 11,639 16,474 477 (2,863) 2,622 23,272 4,972 (688,663) (467,135) (1,085,114) (114,243) 670,143 441,595 976,509 90,612 (1,290) (53,175) (107,836) (75,000) 43,084 82,767 77,083 (51,557) 43,084 1,831 1,829 1,549 5,361 374,535 2015 3 31 66,102 28,124 327 2,000 2,000 223,620 9,742 4,012 4,637 98 (6,252) (3,948) 10,972 7,002 (530,275) (544,663) (1,119,914) (381,215) 483,921 494,901 980,288 302,286 (52,034) (52,822) (159,649) (76,898) 41,165 41,165 120,246 73,649 1,400 1,400 1,662 272,434 128
31. 31.4 2016 3 3118%2015 3 31 13% 2016 3 312015 3 31 2016 2015 12 98,434 65,816 12 121,706 28,214 13 202,387 197,345 422,527 291,375 1,884,752 1,900,912 2,307,279 2,192,287 18% 13% 2016 3 312015 3 31 (422,527) (291,375) 10 193,325 773,172 (229,202) 481,797 129
2016 32. 713 1 2 2 2 3 3 3 130
32. 2016 3 312015 3 31 1 2 3 2016 3 31 59,827 59,827 25,895 25,895 457 5,351 5,808 175,254 175,254 156 156 116 116 175,867 91,189 267,056 142,354 142,354 645 645 120 120 142,999 120 143,119 1 2 3 2015 3 31 76,003 76,003 681 5,351 6,032 275,111 275,111 19 19 124 124 275,811 81,478 357,289 86,717 86,717 3 3 86,720 86,720 131
2016 32. 123 23 3 (i) 2 3 2016 3 31 2015 3 31 4,227 3,545 4.5 7.4% 11.0% 4.2 7.4% 11.0% 7.0 7.0 17,920 18,138 132
32. (ii) 2. 2015/162014/153 2016 2015 2016 2015 2016 2015 2016 2015 2016 2015 76,003 61,967 5,351 5,672 124 198 81,478 67,837 (388) 77 (388) 77 90 2,890 90 2,890 50,290 (50,290) (183) (7) (183) (7) 9,447 570 11,069 (321) 55 (67) 10,072 10,681 59,827 25,895 76,003 5,351 5,351 (4) 124 91,069 81,478 9,447 570 11,069 (321) (53) (10) 9,964 10,738 9,447 570 11,069 (321) 55 (67) 10,072 10,681 133
2016 33. 79 2 2016 3 31 4,850 4,850 175,526 175,526 475,137 475,137 9,119 9,119 193,325 193,325 682,431 175,526 857,957 (143,119) (143,119) (250,240) (250,240) (124,295) (124,295) (220,140) (220,140) (202,387) (202,387) (6,473) (6,473) (803,535) (143,119) (946,654) 2015 3 31 4,785 4,785 275,254 275,254 363,066 363,066 773,172 773,172 1,141,023 275,254 1,416,277 (86,720) (86,720) (206,161) (206,161) (66,273) (66,273) (94,030) (94,030) (197,345) (197,345) (3,710) (3,710) (567,519) (86,720) (654,239) 134
34. 34.1 2016 3 31 34.2 135
2016 34. 34.3 20% 50% 136
34. 34.4 137
2016 34. 34.4 1 2016 2015 2016 2015 CAD 0.77130 0.78900 0.73490 0.88150 CHF 1.03620 1.03400 1.02920 1.07690 EUR 1.13380 1.08330 1.10460 1.26960 GBP 1.43790 1.48100 1.50840 1.61370 HKD 0.12897 0.12895 0.12891 0.12897 HUF 0.00360 0.00362 0.00356 0.00411 ILS 0.26438 0.25176 0.25814 0.27207 INR 0.01507 0.01597 0.01529 0.01636 JPY 0.00889 0.00833 0.00833 0.00914 MXN 0.05804 0.06552 0.06034 0.07309 PLN 0.26540 0.26490 0.26160 0.30320 RMB 0.15422 0.16286 0.15821 0.16143 RSD 0.00920 0.00900 0.00910 0.01090 34.5 34.6 3 138
34. 34.6 34.7 5 5 139
2016 34. 34.7 5 34.8 140
34. 34.9 12 12 141
2016 34. 34.10 (i) 142
34. 34.10 (ii) (iii) 7 1712 12 143
2016 34. 34.11 34.12 34.13 34.14 3 34.15 12 12 12 12 144
34. 34.16 12 34.17 (i)(ii) 34.18 145
2016 34. 34.18 15 34.19 34.20 (i) (ii) 146
34. 34.20 (ii) 12 147
2016 34. 34.21 34.22 34.23 148
34. 34.24 17 34.25 34.26 149
2016 34. 34.27 35. 5 5 150
35. 151
2016 35. 32 36. 2015/16 2015/16 2012 2013 2010-2012 2011-2013 152
36. 2015/16 2016 4 1 1 1 16 38 16 41 1 1 27 1 9 3 10 28 10 12 28 4 1 11 1 14 1 15 2 2014 2011-2014 1 (1) 2016 1 1 (2) (3) (4) 2018 1 1 2018 1 19 20102013 153
2016 37. 37.1 2016 2015 1,477,635 996,397 23,500 39,932 1,501,135 1,036,329 492,108 799,222 7,825 10,349 809 345 43,188 37 543,930 809,953 1 1 1,470 1,152 1,471 1,153 2,203 74,174 202,387 197,345 2,411 3,154 281,175 200,499 1,762,419 1,644,630 5,670 5,681 (75,450) (61,082) 1,832,199 1,700,031 1,762,419 1,644,630 2016 5 17 JP 154
37. 37.2 2015/162014/15 2014 3 31 95,273 10,470 (7,656) 1,489,601 1,587,688 61,693 61,693 4,823 4,823 (3,868) (3,868) (30,926) (30,926) (3,889) (3,889) 7,413 7,413 (68) 68 131,384 131,384 2013/14 (38,765) (38,765) 2014/15 (15,522) (15,522) 2015 3 31 64,347 13,926 54,037 955 1,566,766 1,700,031 37,768 37,768 64,347 13,926 54,037 955 1,528,998 1,662,263 2015 3 31 64,347 13,926 54,037 955 1,566,766 1,700,031 (28,976) (28,976) (5,224) (5,224) (7,646) (7,646) 9,734 9,734 218,674 218,674 2014/15 (37,802) (37,802) 2015/16 (16,592) (16,592) 2016 3 31 59,123 16,014 25,061 955 1,731,046 1,832,199 37,525 37,525 59,123 16,014 25,061 955 1,693,521 1,794,674 2016 3 31 59,123 16,014 25,061 955 1,731,046 1,832,199 155
2016 38. 10,000,000 60% # 20,000,000 60% # Easy Fortune (H.K.) Ltd. 50,000 100% Gate do Brasil Ltda. 81,187,617.78 100% Gate France SAS 382,000 100% Harbour Sky (BVI) Ltd. 50,000 100% * 15,200,000 100% 2 100% Johnson Electric Asti S.r.l. 2,600,000 100% * 12,000,000 100% * # 156
38. Johnson Electric Birmingham Limited 1 100% Johnson Electric Doo Niš 1,371,076,608.42 100% Johnson Electric Germany GmbH & Co. KG 15,338,800 100% Johnson Electric Group Mexico, S. de R.L. de C.V. 6,000 100% * 4,250,000 100% Johnson Electric Hungary Kft 160,130 100% 3,010,609,091 100% Johnson Electric International AG 12,002,112 100% Johnson Electric International France S.a.r.l. Johnson Electric International (IT) S.r.l. 10,000 100% 3,700,000 100% * # 157
2016 38. 80,000,000 100% Johnson Electric International (UK) Limited 420,107,059 100% * Johnson Electric North America, Inc. 6,100,000 100% 120,000 100% Johnson Electric Poland Sp.z o.o. Johnson Electric Private Limited 41,651,000 1,044,096,500 100% 100% Johnson Electric Services Italia S.r.l. * * 10,000 100% 200,000 100% 30,000,000 100% Johnson Electric Switzerland AG 5,000,000 100% * 130,000 100% * # 158
38. Johnson Electric Trading Mexico, S. de R.L. de C.V. 3,000 100% 100,000 100% Johnson Medtech LLC 1 100% 1,000,000 100% 2,100,000 100% M.M.A. (Manufactura de Motores Argentinos) S.r.l. 3,880,000 100% Nanomotion Ltd. 737,877.75 100% Parlex Pacific Limited 10,000 100% * 15,000,000 100% Parlex USA LLC 88,319,640 100% Saia-Burgess Automotive Actuators LLC 8,000,000 100% * # 159
2016 38. Saia-Burgess Benelux B.V. 135,000 100% * 6,500,000 100% Saia-Burgess LLC 12,600,126 100% 85,000,000 60% # * Stackpole International Engineered Products, Ltd. Stackpole International Global Holding, Co., SA 15,000,000 100% 129,963,738 100% 8,401,525 100% Stackpole International Powder Metal, Ltd. 185,982,801 100% Stackpole Powertrain International GmbH * 25,000 100% 6,000,000 100% * # 160
38. 14,000,000 30% # Halla Stackpole Corporation 100,000,000 30% 2,100,000 49% # * # 161
2016 2016 2015 2014 2,235.9 2,136.1 2,097.6 (EBIT) 1 209.8 243.5 233.9 206.6 249.0 243.0 (23.9) (29.2) (28.1) 182.7 219.8 214.9 (10.0) (8.9) (7.0) 172.7 210.9 207.9 759.0 492.6 460.6 1,083.4 595.6 650.7 193.3 773.2 644.0 1,113.7 986.6 745.4 3,149.4 2,848.0 2,500.7 1,842.6 1,862.3 1,732.3 42.2 38.6 34.0 1,884.8 1,900.9 1,766.3 2 422.5 291.3 116.9 842.1 655.8 617.5 3,149.4 2,848.0 2,500.7 3 20.1 24.1 23.4 6.3 6.2 5.9 24.0 27.3 28.7 4 70.8 155.8 231.1 EBITDA 321.9 335.5 321.8 EBITDA 14.4% 15.7% 15.3% 186.2 119.9 92.2 8.3% 5.6% 4.4% 2,643.3 3,032.5 3,282.2 2,914.7 2,589.3 2,789.1 EBITDA 5 7.9 7.7 8.7 EBIT 9.4% 11.4% 11.2% 6 9.7% 12.0% 12.8% 17% 53% 198% EBITDA 5 1.1 0.9 0.4 18% 13% 6% 7 22.3 28.8 127.8 1 EBIT 2 3 2014 7 154 1 4 5 2015/16 EBITDA12EBITDA2011/12 6 7 EBIT 162
2013 2012 2011 2010* 2009 2008 2007 2,059.7 2,140.8 2,104.0 1,741.0 1,828.2 2,220.8 2,086.6 213.2 221.6 235.8 110.5 47.0 188.9 157.5 218.0 220.5 226.4 103.8 37.4 170.1 135.9 (21.1) (31.6) (36.1) (16.4) 0.4 (31.9) (22.9) (31.1) 196.9 188.9 190.3 87.4 6.7 138.2 113.0 (5.6) (2.2) (8.6) (10.4) (4.1) (7.4) (3.3) 191.3 186.7 181.7 77.0 2.6 130.8 109.7 425.6 433.1 457.5 440.6 428.3 471.3 439.0 621.5 757.8 774.7 699.9 662.1 775.2 667.2 480.9 385.1 354.7 367.1 302.0 268.0 149.3 715.9 704.0 755.5 623.2 557.5 840.2 764.8 2,243.9 2,280.0 2,342.4 2,130.8 1,949.9 2,354.7 2,020.3 1,568.5 1,461.6 1,362.2 1,121.7 964.4 1,101.9 940.7 30.3 25.9 60.1 51.5 33.7 31.0 22.7 1,598.8 1,487.5 1,422.3 1,173.2 998.1 1,132.9 963.4 125.0 205.4 313.7 408.7 528.9 564.5 573.5 520.1 587.1 606.4 548.9 422.9 657.3 483.4 2,243.9 2,280.0 2,342.4 2,130.8 1,949.9 2,354.7 2,020.3 21.4 20.7 19.9 8.4 3.7 14.3 12.0 5.6 5.1 4.6 2.6 7.3 6.7 23.1 19.3 18.2 20.6 6.0 14.7 20.8 111.9 166.0 169.6 215.1 168.5 186.7 106.8 304.3 314.3 322.5 197.9 136.2 279.5 246.0 14.8% 14.7% 15.3% 11.4% 7.4% 12.6% 11.8% 82.6 91.3 85.6 38.0 62.8 97.1 76.1 4.0% 4.3% 4.1% 2.2% 3.4% 4.4% 3.6% 2,646.2 2,229.5 2,134.4 2,426.3 704.3 1,732.3 2,439.2 2,320.5 2,075.6 2,153.4 2,519.4 964.9 2,059.8 2,886.1 7.6 6.3 6.7 12.7 7.1 7.4 11.7 10.4% 10.4% 11.2% 6.3% 2.6% 8.5% 7.5% 12.8% 13.0% 14.7% 8.1% 0.6% 13.2% 12.4% 90% 81% 54% 53% 32% 33% 19% 0.4 0.7 1.0 2.1 3.9 2.0 2.3 7% 12% 18% 26% 35% 33% 37% 79.0 32.1 18.2 12.4 3.0 7.2 5.5 * 2009/10 12 2006/072008/09 163
2016 9819841996 JP 65 Purdue University 1972 19761984 1996 2013 10 21 2012 12 31 691969 1971 19841996 164
35 20062009 621982Purdue University Hua Thai Manufacturing Public Company Limited 1998 2005 Purdue University Peter Stuart Allenby Edwards Peter Stuart Allenby Edwards 671995 1996 9 30 Edwards (Hong Kong Branch of the International Fiscal Association) Martin Currie Pacific Trust plc 165
2016 Patrick Blackwell Paul CBE, FCA Patrick Blackwell Paul 682002 19942001 Michael John Enright Michael John Enright 572004 Enright Enright, Scott & Associates GBM, GBS, CBE, JP 672010 1970 2009 19932009 9 (Corporate Culture and Responsibility Committee) (Risk Committee) 2013 10 23 166
Christopher Dale Pratt CBE Christopher Dale Pratt 592014 197835 20062014 3 PureCircle Limited Noble Group Limited Grosvenor Group Limited Morgan Stanley Asia Limited 2000 661968 40 James Randolph Dick James Randolph Dick 62 University of Paisley 1999 35 XeroxIBMEmerson Electric Astec (BSR) Plc 167
2016 Michael Philip Gannon Michael Philip Gannon 61 Kettering 2013 Delphi Nexteer Automotive Nexteer Automotive Saginaw Robert Allen Gillette Robert Allen Gillette 50 Vanderbilt University 2007Emerson Electric Christopher John Hasson Christopher John Hasson 53 2002 The Boston Consulting Group 50 1988 The Institute of Engineering and Technology 168
56 (University of Wisconsin-Madison) 2004(St. Louis) Emerson Electric Syracuse Carrier Corporation Emergency One Inc. Jeffrey L. Obermayer Jeffrey L. Obermayer 61 (Institute of Internal Auditors) 2010 BorgWarner Inc.28 Arthur Andersen & Co. 169
2016 JP Peter Stuart Allenby Edwards* Patrick Blackwell Paul CBE, FCA* Michael John Enright* GBM, GBS, CBE, JP* Christopher Dale Pratt CBE* * MUFG Fund Services (Bermuda) Limited The Belvedere Building 69 Pitts Bay Road Pembroke HM 08 Bermuda 183 17 1712-1716 Canon s Court 22 Victoria Street Hamilton HM 12 Bermuda 12 6 (852) 2663 6688 (852) 2897 2054 www.johnsonelectric.com UFJ 2016 7 14 2016 7 1214 2016 8 13 179 179:HK 0179.HK 15 2016 1 6 34 2016 8 12 170
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